Ainsworth comments on historical investigations into CEO Harald Neumann
Summary
Ainsworth Game Technology has responded to recent media coverage discussing investigations by the Austrian Economic and Corruption Prosecutor’s Office into CEO Harald Neumann and other associates after reports surfaced on June 12 and 13, 2025. The investigations, which began in 2019, involve over 100 individuals in connection with Novomatic AG, a significant shareholder of Ainsworth.
The company noted that they first became aware of these investigations in August 2019. Ainsworth has kept gaming regulators updated to ensure transparency regarding the ongoing legal matters surrounding their CEO. The board determined that legal advice suggested no public disclosure was necessary, as the investigations lacked solid evidence.
Neumann was appointed CEO in October 2021, following a probity investigation which deemed him suitable for the position. Most investigations related to Neumann and Novomatic are reported to be discontinued without findings of wrongdoing. The remaining investigation is expected to conclude soon, according to updates from the WKStA.
Key Points
- Ainsworth acknowledges ongoing investigations into CEO Harald Neumann by Austrian authorities.
- Investigations began in 2019, with updates communicated to gaming regulators.
- Legal counsel advised against public disclosure due to insufficient evidence.
- Neumann has been deemed suitable for his role after thorough investigations.
- Most inquiries involving Neumann and Novomatic AG have been discontinued.
Why should I read this?
If you’re intrigued by corporate governance and compliance issues, this article is a goldmine. Ainsworth’s proactive stance on transparency amidst serious allegations shows just how vital accountability is in turbulent industries, keeping stakeholders informed and maintaining trust. This is a classic example of how companies navigate complex legal landscapes and mitigate potential reputational damage.